Chinese AI startup Moonshot has unveiled Kimi K3, a powerful open-weight AI model that rivals leading Western systems while operating at significantly lower cost. The launch has intensified competition in the global AI race and triggered a sharp sell-off in technology stocks as investors reassessed the industry's outlook.

China's Moonshot targets IPO within the next six months

The IPO of 'Waterways Leisure Tourism' - which we know as Cordelia Cruises - is opening on June 23rd. 

Our colleague Ekta Suri had an exclusive conversation about the ipo with the company's chairman, Ed & CEO, Jurgen Bailom, and CFO, Nishikant Upadhyay.

Top Management of Waterways Leisure Tourism 

The initial public offer (IPO) of Value 360 Communications, a full-service communications and marketing solutions provider, concluded on Wednesday with an oversubscription of 1.19 times the equity on offer. The Rs 41.69 crore public offer had opened on Monday, May 11.&nbsp;The offering saw participation from all categories of investors, including retail individual investors (RIIs), non-institutional investors (NIIs), and qualified institutional buyers (QIBs).As part of the SME IPO, the company issued up to 42,54,000 equity shares with a face value of ₹10 each in the price band of Rs 95 and Rs 98 per share.&nbsp;The IPO witnessed varied participation across different investor categories. Qualified Institutional Buyers (QIBs) showed the strongest interest, subscribing 17 times their allotted portion, with applications for 12,24,000 shares against 72,000 shares offered.&nbsp;Non-institutional investors subscribed 1.24 times their quota, applying for 14,60,400 shares compared to 11,77,200 shares available.&nbsp;Retail Individual Investors (RIIs), however, showed relatively lower interest, subscribing only 0.77 times, with bids for 21,48,000 shares against 27,91,200 shares offered.&nbsp;The market maker portion was fully subscribed at 1 time, with the entire 2,13,600 shares both offered and applied for.&nbsp;Overall, the IPO was subscribed 1.19 times, with total applications for 50,46,000 shares compared to 42,54,000 shares available.&nbsp;The company’s shares are set to be listed on NSE Emerge, the SME platform of the National Stock Exchange.Value 360 Communications Limited is a comprehensive communications and marketing solutions provider, offering&nbsp;end-to-end services across public relations, digital marketing, influencer marketing, and strategic communications.&nbsp;&nbsp;Founded in 2009, the company has grown into a full-service platform offering data-driven and AI-enabled marketing solutions to clients across various industries, said a press release.The company has received multiple industry awards and recognitions and continues to focus on scalable, asset-light growth driven by technology, creativity and strategic partnerships, , the release added.It remains committed to helping brands build reputation, enhance engagement, and drive measurable business outcomes in an increasingly digital-first landscape.

Value 360 Communications Limited is a comprehensive communications and marketing solutions provider, offering end-to-end services across public relations, digital marketing, influencer marketing, and strategic communications. 

The initial public offer (IPO) of Value 360 Communications, a full-service communications and marketing solutions provider, concluded on Wednesday with an oversubscription of 1.19 times the equity on offer. The Rs 41.69 crore public offer had opened on Monday, May 11. The offering saw participation from all categories of investors, including retail individual investors (RIIs), non-institutional investors (NIIs), and qualified institutional buyers (QIBs). As part of the SME IPO, the company issued up to 42,54,000 equity shares with a face value of ₹10 each in the price band of Rs 95 and Rs 98 per share. The IPO witnessed varied participation across different investor categories. Qualified Institutional Buyers (QIBs) showed the strongest interest, subscribing 17 times their allotted portion, with applications for 12,24,000 shares against 72,000 shares offered. Non-institutional investors subscribed 1.24 times their quota, applying for 14,60,400 shares compared to 11,77,200 shares available. Retail Individual Investors (RIIs), however, showed relatively lower interest, subscribing only 0.77 times, with bids for 21,48,000 shares against 27,91,200 shares offered. The market maker portion was fully subscribed at 1 time, with the entire 2,13,600 shares both offered and applied for. Overall, the IPO was subscribed 1.19 times, with total applications for 50,46,000 shares compared to 42,54,000 shares available. The company’s shares are set to be listed on NSE Emerge, the SME platform of the National Stock Exchange. Value 360 Communications Limited is a comprehensive communications and marketing solutions provider, offering end-to-end services across public relations, digital marketing, influencer marketing, and strategic communications. Founded in 2009, the company has grown into a full-service platform offering data-driven and AI-enabled marketing solutions to clients across various industries, said a press release. The company has received multiple industry awards and recognitions and continues to focus on scalable, asset-light growth driven by technology, creativity and strategic partnerships, , the release added. It remains committed to helping brands build reputation, enhance engagement, and drive measurable business outcomes in an increasingly digital-first landscape.

Value 360 Communications Limited is a comprehensive communications and marketing solutions provider, offering&nbsp;end-to-end services across public relations, digital marketing, influencer marketing, and strategic communications.&nbsp;

Value 360 Communications’ Rs 41.69-crore IPO oversubscribed 1.19 times

The IPO market in 2025 saw massive listings led by Tata Capital’s Rs 15,511 crore issue. While giants like Lenskart remained flat, new-age tech firms like Meesho and Groww delivered stellar returns of over 45 per cent. LG Electronics and NSDL also posted strong double-digit gains.


Year Ender 2025: Top 10 major IPO launches of 2025 - HDB Financial, Tata Capital, Meesho and others

Inside India’s IPO Boom: India’s IPO market is experiencing an unprecedented boom in 2025, fueled by strong domestic investor participation, a stable regulatory environment, and a healthy pipeline of listings from diverse sectors including technology, finance, and consumer goods. Retail investors now constitute approximately 75% of the investor base, reducing reliance on foreign inflows. 


Inside India’s IPO Boom: What’s Driving Record-Breaking Listings

India’s IPO market is on fire — raising nearly $200 million every hour as a new wave of domestic investors transforms the country’s financial landscape. From LG Electronics India’s $1.3 billion IPO — fully subscribed in just six hours — to record-breaking fundraising across industries, India is emerging as one of the world’s hottest IPO destinations.
This boom reflects a power shift from foreign funds to Indian investors, fueled by retail participation, mutual funds, and insurers — marking the rise of a self-sustaining capital market in the world’s fastest-growing major economy.

India’s Explosive IPO Boom Shows The Rise Of Local Investors

Europe’s IPO market remains in a precarious position as a combination of geopolitical turmoil, trade tensions, and valuation mismatches continue to spook investors and delay high-profile listings. While global equity markets have largely rebounded from the initial shock of President Donald Trump’s sweeping tariff announcements earlier this year, the aftershocks are still being felt in capital markets, particularly in Europe. Volatility has eased as the VIX index has dropped about 67 per cent from its post-tariff peak, and fund flows into European equities have reached their second-highest level this century.&nbsp;However, investor appetite for initial public offerings remains subdued. Advisers point to lingering concerns over geopolitical flashpoints, especially the brief but intense Israel-Iran conflict, and the weak aftermarket performance of recent IPOs such as German retailer Douglas, whose shares fell over 12 per cent on debut and subsequently cut guidance.<h2>Major listings postponed or scrapped</h2>Several companies have shelved or postponed planned listings, citing geopolitical uncertainties and market dynamics. Among the most notable was Brainlab, a German med-tech firm specialising in AI-driven surgical solutions, which pulled its Frankfurt debut just two days before pricing. The offering, which aimed to raise €160 million ($188.44 million) in new capital, would have valued the company at €1.7 billion ($2 billion) but was ultimately shelved due to shareholder concerns over the quality of the investor order book.Other delayed listings include pharmaceutical company Stada and car parts seller Autodoc, both of which have cited either market volatility or weak demand. Even Cobalt Holdings, backed by Glencore and billed as London’s largest IPO of the year, failed to drum up sufficient interest.Adding to the pressure is the trend of large London-listed firms exiting the exchange in favour of US markets. Companies like AstraZeneca and Wise Plc are considering or have already shifted listings to New York, citing greater liquidity and investor depth. More than $100 billion in market value has already moved across the Atlantic in recent years, further eroding confidence in the City of London as a viable IPO venue.<h2>Hope for a post-summer recovery</h2>Despite IPO volumes across EMEA (Europe, the Middle East and Africa) falling to 44 from 59 a year earlier and proceeds plummeting from $14.1 billion to $5.5 billion in the first half, some bankers remain cautiously optimistic. Advisers say that a slew of delayed but high-quality listings may return after the summer, provided market conditions stabilise.Firms like Ottobock, ISS Stoxx, and the Swiss Marketplace Group are reportedly in the pipeline, while Visma, a €19 billion ($22.37 billion) software firm backed by Hg Capital, could be London’s marquee IPO in 2026. Spain’s Cirsa, a casino operator owned by Blackstone, is also expected to proceed with its €2.5 billion ($2.94 billion) float in the coming days, despite market jitters.Until the broader geopolitical landscape stabilises and investor confidence returns, Europe’s IPO market appears stuck in a holding pattern, with hopes now pinned on a much-needed post-summer reset.

Investors remain cautious as high-profile listings stall in Europe; hopes shift to a post-summer rebound.

Europe’s IPO market remains in a precarious position as a combination of geopolitical turmoil, trade tensions, and valuation mismatches continue to spook investors and delay high-profile listings. While global equity markets have largely rebounded from the initial shock of President Donald Trump’s sweeping tariff announcements earlier this year, the aftershocks are still being felt in capital markets, particularly in Europe. Volatility has eased as the VIX index has dropped about 67 per cent from its post-tariff peak, and fund flows into European equities have reached their second-highest level this century. However, investor appetite for initial public offerings remains subdued. Advisers point to lingering concerns over geopolitical flashpoints, especially the brief but intense Israel-Iran conflict, and the weak aftermarket performance of recent IPOs such as German retailer Douglas, whose shares fell over 12 per cent on debut and subsequently cut guidance. Major listings postponed or scrapped Several companies have shelved or postponed planned listings, citing geopolitical uncertainties and market dynamics. Among the most notable was Brainlab, a German med-tech firm specialising in AI-driven surgical solutions, which pulled its Frankfurt debut just two days before pricing. The offering, which aimed to raise €160 million ($188.44 million) in new capital, would have valued the company at €1.7 billion ($2 billion) but was ultimately shelved due to shareholder concerns over the quality of the investor order book. Other delayed listings include pharmaceutical company Stada and car parts seller Autodoc, both of which have cited either market volatility or weak demand. Even Cobalt Holdings, backed by Glencore and billed as London’s largest IPO of the year, failed to drum up sufficient interest. Adding to the pressure is the trend of large London-listed firms exiting the exchange in favour of US markets. Companies like AstraZeneca and Wise Plc are considering or have already shifted listings to New York, citing greater liquidity and investor depth. More than $100 billion in market value has already moved across the Atlantic in recent years, further eroding confidence in the City of London as a viable IPO venue. Hope for a post-summer recovery Despite IPO volumes across EMEA (Europe, the Middle East and Africa) falling to 44 from 59 a year earlier and proceeds plummeting from $14.1 billion to $5.5 billion in the first half, some bankers remain cautiously optimistic. Advisers say that a slew of delayed but high-quality listings may return after the summer, provided market conditions stabilise. Firms like Ottobock, ISS Stoxx, and the Swiss Marketplace Group are reportedly in the pipeline, while Visma, a €19 billion ($22.37 billion) software firm backed by Hg Capital, could be London’s marquee IPO in 2026. Spain’s Cirsa, a casino operator owned by Blackstone, is also expected to proceed with its €2.5 billion ($2.94 billion) float in the coming days, despite market jitters. Until the broader geopolitical landscape stabilises and investor confidence returns, Europe’s IPO market appears stuck in a holding pattern, with hopes now pinned on a much-needed post-summer reset.

Investors remain cautious as high-profile listings stall in Europe; hopes shift to a post-summer rebound.

IPO uncertainty lingers in Europe amid geopolitical and market headwinds

The only way you would not know what is happening in the world of stock markets around the world is if you lived under a literal rock. The news of stocks tumbling, markets crashing, and economists sounding the 'recession' alarm has been on top of everyone's feed. 
This latest crisis was triggered by US President <a href="https://www.wionews.com/donald-trump" rel="dofollow noopener" target="_blank">Donald Trump's</a> announcement of sweeping tariffs ranging from 10-49 per cent on almost all countries and even lands habituated by penguins and seals (you can catch up on everything with <a href="https://www.wionews.com/world/trump-tariffs-global-stock-market-update-latest-asian-indian-freefall-us-recession-trade-war-reciprocal-tariffs-8935169" rel="dofollow noopener" target="_blank">WION's coverage</a>).
But before we get caught up in headlines, it&rsquo;s worth taking a step back to ask: Where did all this begin?
<h2>The beginning of stock trading</h2>
The stock market goes way back to the 1500s, but things kicked off in 1602 with the birth of the Amsterdam Stock Exchange, which is still running today. This was when the idea of publicly trading company shares took shape.
At the centre of it all was the Dutch East India Company, also known as the VOC (short for its Dutch name). The VOC was a powerful trading company set up by the Dutch government, mostly known for shipping spices and goods from Asia, including India, to Europe.
<h2>The India connection</h2>
India played a big role in the VOC&rsquo;s success. The company set up trading posts across the country, in places like Masulipatnam, Surat, Cochin, and Patna, and dealt mainly in spices. This trade brought in massive profits and helped fund the company&rsquo;s far-reaching voyages.
<h2>World&rsquo;s First IPO</h2>
To fund its large-scale trade missions and ambitious plans, the VOC came up with a clever idea: they held the world&rsquo;s first Initial Public Offering (IPO) in August 1602.
It was a game-changer. For the first time ever, a company publicly invited everyone, not just a few rich elites, to invest and become shareholders. The VOC&rsquo;s founding charter stated: &ldquo;All the residents of these lands may buy shares in this Company.&rdquo; There was no fixed amount, you could invest as much or as little as you liked.
Because they didn&rsquo;t have a formal office, investors were asked to visit the private home of Dirck van Os, a wealthy merchant and co-founder of VOC, to put in their money. He and the other directors oversaw the registrations personally.
<h2>The birth of stock trading: How did tradable shares come into picture?</h2>
Soon, they realised that asking investors to keep their money tied up for a full ten years might not go down too well. So, a new clause was added to allow shares to be transferred, or sold, to someone else.
This meant investors didn&rsquo;t have to wait years to get their money back. They could simply sell their shares. It was the birth of tradable shares. The process was quite formal: shareholders had to visit the bookkeeper and get the approval of two directors. Every transfer was carefully noted in a special register.
By the end of August 1602, when the IPO closed, 1,143 investors had subscribed to VOC&rsquo;s Amsterdam branch.
<h2>Building for business: Amsterdam Stock Exchange and India's role in it</h2>
In 1611, stock trading got its own address, the Amsterdam Stock Exchange moved into a purpose-built structure called the Beurs van Hendrick de Keyser. This became the heart of trading activity, with &ldquo;verkoopmans&rdquo; or brokers helping buyers and sellers complete deals.
While the Amsterdam Stock Exchange was based in Europe, India played a major role in its success. VOC&rsquo;s trading posts in India were key to its profits. Spices from Indian ports were in huge demand in Europe, and these trade routes helped the company grow and attracted investors, even from Asia.
Some Indian investors also took part, drawn by the profitable spice trade. This helped incorporate India into the fabric of global financial history, as its goods and ports helped fuel VOC&rsquo;s booming business and, in turn, the world&rsquo;s first stock market.
<h2>Did people use shorting tricks even back then?</h2>
Even in those early days, people were playing smart in the markets. Traders didn&rsquo;t just buy and hold, they also bet on shares going down. This is called &ldquo;shorting.&rdquo; You borrow shares, sell them, and then buy them back at a lower price to make a profit.
And without real-time news like we have today, there were rumours galore. Some merchants would spread lies, like a VOC ship sinking, just to drop the stock price and make money.
If that sounds familiar, you&rsquo;ve probably seen similar things play out in modern times. Let&rsquo;s say, for example, a powerful businessman wanted to buy a social media platform on the cheap. They might start talking down the value of a platform, let&rsquo;s call it Quitter, on the very same site, hoping to crash the price before making a move.

World: The stock market goes way back to the 1500s, but things kicked off in 1602 with the birth of the Amsterdam Stock Exchange, which is still running today. Business & Economy

The only way you would not know what is happening in the world of stock markets around the world is if you lived under a literal rock. The news of stocks tumbling, markets crashing, and economists sounding the 'recession' alarm has been on top of everyone's feed. This latest crisis was triggered by US President Donald Trump's announcement of sweeping tariffs ranging from 10-49 per cent on almost all countries and even lands habituated by penguins and seals (you can catch up on everything with WION's coverage). But before we get caught up in headlines, it’s worth taking a step back to ask: Where did all this begin? The beginning of stock trading The stock market goes way back to the 1500s, but things kicked off in 1602 with the birth of the Amsterdam Stock Exchange, which is still running today. This was when the idea of publicly trading company shares took shape. At the centre of it all was the Dutch East India Company, also known as the VOC (short for its Dutch name). The VOC was a powerful trading company set up by the Dutch government, mostly known for shipping spices and goods from Asia, including India, to Europe. The India connection India played a big role in the VOC’s success. The company set up trading posts across the country, in places like Masulipatnam, Surat, Cochin, and Patna, and dealt mainly in spices. This trade brought in massive profits and helped fund the company’s far-reaching voyages. World’s First IPO To fund its large-scale trade missions and ambitious plans, the VOC came up with a clever idea: they held the world’s first Initial Public Offering (IPO) in August 1602. It was a game-changer. For the first time ever, a company publicly invited everyone, not just a few rich elites, to invest and become shareholders. The VOC’s founding charter stated: “All the residents of these lands may buy shares in this Company.” There was no fixed amount, you could invest as much or as little as you liked. Because they didn’t have a formal office, investors were asked to visit the private home of Dirck van Os, a wealthy merchant and co-founder of VOC, to put in their money. He and the other directors oversaw the registrations personally. The birth of stock trading: How did tradable shares come into picture? Soon, they realised that asking investors to keep their money tied up for a full ten years might not go down too well. So, a new clause was added to allow shares to be transferred, or sold, to someone else. This meant investors didn’t have to wait years to get their money back. They could simply sell their shares. It was the birth of tradable shares. The process was quite formal: shareholders had to visit the bookkeeper and get the approval of two directors. Every transfer was carefully noted in a special register. By the end of August 1602, when the IPO closed, 1,143 investors had subscribed to VOC’s Amsterdam branch. Building for business: Amsterdam Stock Exchange and India's role in it In 1611, stock trading got its own address, the Amsterdam Stock Exchange moved into a purpose-built structure called the Beurs van Hendrick de Keyser. This became the heart of trading activity, with “verkoopmans” or brokers helping buyers and sellers complete deals. While the Amsterdam Stock Exchange was based in Europe, India played a major role in its success. VOC’s trading posts in India were key to its profits. Spices from Indian ports were in huge demand in Europe, and these trade routes helped the company grow and attracted investors, even from Asia. Some Indian investors also took part, drawn by the profitable spice trade. This helped incorporate India into the fabric of global financial history, as its goods and ports helped fuel VOC’s booming business and, in turn, the world’s first stock market. Did people use shorting tricks even back then? Even in those early days, people were playing smart in the markets. Traders didn’t just buy and hold, they also bet on shares going down. This is called “shorting.” You borrow shares, sell them, and then buy them back at a lower price to make a profit. And without real-time news like we have today, there were rumours galore. Some merchants would spread lies, like a VOC ship sinking, just to drop the stock price and make money. If that sounds familiar, you’ve probably seen similar things play out in modern times. Let’s say, for example, a powerful businessman wanted to buy a social media platform on the cheap. They might start talking down the value of a platform, let’s call it Quitter, on the very same site, hoping to crash the price before making a move.

How the stock market was born: The first IPO, tradeable shares and their surprising India connection

India's stock market is facing significant pressure as lockup restrictions on approximately $4 billion worth of newly listed shares expire. This includes major companies like Ola Electric, Suige, and FirstCry operator Brain Bees Solutions. An IPO lockup is a period of time after an IPO during which company insiders are restricted from selling their shares.

India's IPO Boom Faces Reality Check

Indian IPOs are defying a broader market selloff. The 23 stocks that debuted in 2025 have gained an average of 15% from their offer prices, while the nifty 50 index has dropped over 2% this year.

India's IPO boom faces long-term challenges

London's IPO market is facing its worst slump in years. fundraising from UK initial public offerings has dropped 9% this year to just $1 billion. This decline has pushed the UK to 20th place among global ipo venues, according to Bloomberg data. Mainland China and Australia saw minimal movement in their stock markets.

London’s IPO Market Hits New Lows As Global Rivals Surge | WION Business Watch | World News

London's IPO market is facing its worst slump in years. Fundraising from UK initial public offerings has dropped 9% this year to just $1 billion. This decline has pushed the UK to 20th place among global ipo venues, according to Bloomberg data. Mainland China and Australia saw minimal movement in their stock markets.

London’s IPO Market Sinks

India's expanding market for initial public offerings (IPOs) is in the spotlight. The burgeoning IPO market is all set for another good showing in 2025 as surging investor interest in share sales encourages firms to access funding. Watch in for more details!

India's IPO Boom Seen Extending Into 2025 As Big Deals Queue Up

Lulu Retail Holdings Plc's Abu Dhabi initial public offering (IPO) is expected to raise $1.43 billion at the top end of the set range, making it UAE's biggest listing of the year, reported Bloomberg on Monday, November 4.

The public offer is anticipated to be priced at 2.04 dirhams ($0.56) per share, based on the terms of the agreement. According to the report, at the top end of the IPO range of 1.94 dirhams, Lulu Retail Holdings's market capitalisation will reach 21.1 billion dirhams.

The shares offered by the retailer have attracted significant demand since the books opened for the deal last week, making this IPO the biggest public listing of the year, surpassing NMDC Energy’s $877 million share offer.

Through this IPO, Lulu International Holdings plans to sell a 25 per cent stake, equivalent to 2.58 billion shares in the firm. The final price for the public offer is expected to be announced on November 6, and the shares are scheduled to start trading on November 14.

Basic details about Lulu Retail<o:p></o:p>

As per the official website of the organization,&nbsp;Lulu Retail is the largest full-line retailer in the GCC, leading in sales, store count, and retail space. With 240 stores across six GCC countries, including 116 hypermarkets, 102 Express stores, and 22 Mini Markets, Lulu also has a strong omni-channel presence through its website and mobile app, along with partners like Amazon, HungerStation, Snoonu, and Talabat.

Further, the retailer offers a diverse product range sourced from 85 countries, ensuring year-round availability of quality items. Lulu Retail also supports food security initiatives, mitigating supply risks while providing customers with a compelling and balanced product offering.&nbsp;The company reported a $192 million profit last year and aims to maintain a dividend payout ratio of 75 per cent, as per the agency report.

The profit margins for the company are estimated to reach 5 per cent in the medium term, which is higher compared to the 2.6 per cent levels in 2023, the chief executive officer (CEO) told Bloomberg.&nbsp; 

Lulu Group was founded by Indian entrepreneur Yusuff Ali. The company plans to open nearly 90 stores across the Gulf Cooperation Council (GCC) countries in the next five years, focusing on Saudi Arabia and the UAE as its main expansion markets, per the report.

Abu Dhabi Commercial Bank PJSC, Citigroup Inc, Emirates NBD Capital, and HSBC Holdings Plc are the joint global coordinators on the sale, and Moelis &amp; Co is the advisor on the deal. Market participants and investors will closely follow these developments related to the company and will take informed investment decisions based on the same.

Lulu Retail Holdings Plc's Abu Dhabi initial public offering (IPO) is expected to raise $1.43 billion at the top end of the set range, making it UAE's biggest listing of the year, reported Bloomberg on Monday, November 4.

Lulu Retail Holdings Plc's Abu Dhabi initial public offering (IPO) is expected to raise $1.43 billion at the top end of the set range, making it UAE's biggest listing of the year, reported Bloomberg on Monday, November 4. The public offer is anticipated to be priced at 2.04 dirhams ($0.56) per share, based on the terms of the agreement. According to the report, at the top end of the IPO range of 1.94 dirhams, Lulu Retail Holdings's market capitalisation will reach 21.1 billion dirhams. The shares offered by the retailer have attracted significant demand since the books opened for the deal last week, making this IPO the biggest public listing of the year, surpassing NMDC Energy’s $877 million share offer. Through this IPO, Lulu International Holdings plans to sell a 25 per cent stake, equivalent to 2.58 billion shares in the firm. The final price for the public offer is expected to be announced on November 6, and the shares are scheduled to start trading on November 14. Basic details about Lulu Retail As per the official website of the organization, Lulu Retail is the largest full-line retailer in the GCC, leading in sales, store count, and retail space. With 240 stores across six GCC countries, including 116 hypermarkets, 102 Express stores, and 22 Mini Markets, Lulu also has a strong omni-channel presence through its website and mobile app, along with partners like Amazon, HungerStation, Snoonu, and Talabat. Further, the retailer offers a diverse product range sourced from 85 countries, ensuring year-round availability of quality items. Lulu Retail also supports food security initiatives, mitigating supply risks while providing customers with a compelling and balanced product offering. The company reported a $192 million profit last year and aims to maintain a dividend payout ratio of 75 per cent, as per the agency report. The profit margins for the company are estimated to reach 5 per cent in the medium term, which is higher compared to the 2.6 per cent levels in 2023, the chief executive officer (CEO) told Bloomberg. Lulu Group was founded by Indian entrepreneur Yusuff Ali. The company plans to open nearly 90 stores across the Gulf Cooperation Council (GCC) countries in the next five years, focusing on Saudi Arabia and the UAE as its main expansion markets, per the report. Abu Dhabi Commercial Bank PJSC, Citigroup Inc, Emirates NBD Capital, and HSBC Holdings Plc are the joint global coordinators on the sale, and Moelis & Co is the advisor on the deal. Market participants and investors will closely follow these developments related to the company and will take informed investment decisions based on the same.

Lulu Retail Holdings expects to raise $1.43 billion from its Abu Dhabi IPO

Hyundai Motor India has launched a monumental USD 3.3 billion Initial Public Offering (IPO), setting a new record for the country's largest share offering to date. The IPO, which commenced with a robust start on Monday, has already seen substantial participation from global investment powerhouses, underscoring the strong investor confidence in India's automotive sector and broader economic prospects.

On the first day of the IPO, Hyundai Motor India successfully sold shares worth USD 989.4 million to institutional investors, marking a significant milestone in the offering process. Among the notable participants, global financial giants BlackRock and Fidelity emerged as key investors, with BlackRock and the Government of Singapore collectively acquiring stakes valued at USD 77.3 million. Fidelity, another major player in the global investment landscape, secured shares worth USD 76.5 million, further cementing the international appeal of this offering.

The IPO structure reveals that Hyundai's South Korean parent company plans to divest up to 17.5% of its stake in the wholly-owned Indian subsidiary, without issuing any new shares. This strategic move is set to value Hyundai Motor India at an impressive USD 19 billion, potentially representing about 40% of its parent company's market capitalisation. The offering comprises 142,194,700 shares priced within a band of 1,865 to 1,960 rupees per share, as detailed in official filings.

This landmark IPO is not just significant for Hyundai; it marks a pivotal moment for India's capital markets. So far in 2024, 260 companies have collectively raised over USD 9 billion through public offerings, already surpassing the total of USD 7.42 billion raised in the entirety of the previous year, according to LSEG data. This trend highlights the growing appeal of India's equity markets to both domestic and international investors.

The scale of Hyundai India's IPO is set to eclipse the previous record held by Life Insurance Corporation of India, which raised USD 2.5 billion in its 2022 offering. On a global scale, this IPO ranks as the second largest of 2024, following Lineage Inc's USD 5.1 billion U.S. IPO in July, further emphasising its significance in the international financial landscape.

Industry analysts are optimistic about Hyundai India's prospects, particularly noting the company's strategic focus on SUVs, which aligns well with evolving consumer preferences for larger, safer vehicles. This product strategy, combined with planned capacity expansions, is expected to drive market share growth and position Hyundai India for strong performance in the coming years.

Arun Kejriwal, founder of Kejriwal Research, highlighted the long-term value proposition for anchor investors, stating, "The company's plans for a 250,000 vehicle expansion by December 2025 show that there is apparent money in the long term for anchor investors. This, along with prospective market share improvement provides a runway of growth for the company."

The timing of the IPO has also been noted as particularly advantageous, with Shin Yoon-chul, an analyst at Kiwoom Securities, pointing out that the auto sector has been leading performance on the Indian stock market. The analyst suggested that the funds raised through this IPO could significantly enhance Hyundai's investment capacity and help narrow the market share gap with India's current market leader, Maruti Suzuki.

Looking ahead, Hyundai Motor India has ambitious plans to capitalise on its market position and the funds raised through this IPO. The company is set to launch its first India-made electric vehicle in early 2025, alongside at least two new gasoline-powered models tailored specifically for the Indian market from 2026 onwards. These initiatives underscore Hyundai's commitment to innovation and market adaptation in one of the world's fastest-growing automotive markets.

The IPO process will continue through the week, with retail and other investors able to place orders from Tuesday to Thursday, following the anchor investor allocation. The stock is scheduled to begin trading on the Mumbai stock exchange on October 22, a date that will likely be closely watched by investors and industry observers alike.

Hyundai Motor India has launched a monumental USD 3.3 billion Initial Public Offering (IPO), setting a new record for the country's largest share offering to date.

Hyundai Motor India has launched a monumental USD 3.3 billion Initial Public Offering (IPO), setting a new record for the country's largest share offering to date. The IPO, which commenced with a robust start on Monday, has already seen substantial participation from global investment powerhouses, underscoring the strong investor confidence in India's automotive sector and broader economic prospects. On the first day of the IPO, Hyundai Motor India successfully sold shares worth USD 989.4 million to institutional investors, marking a significant milestone in the offering process. Among the notable participants, global financial giants BlackRock and Fidelity emerged as key investors, with BlackRock and the Government of Singapore collectively acquiring stakes valued at USD 77.3 million. Fidelity, another major player in the global investment landscape, secured shares worth USD 76.5 million, further cementing the international appeal of this offering. The IPO structure reveals that Hyundai's South Korean parent company plans to divest up to 17.5% of its stake in the wholly-owned Indian subsidiary, without issuing any new shares. This strategic move is set to value Hyundai Motor India at an impressive USD 19 billion, potentially representing about 40% of its parent company's market capitalisation. The offering comprises 142,194,700 shares priced within a band of 1,865 to 1,960 rupees per share, as detailed in official filings. This landmark IPO is not just significant for Hyundai; it marks a pivotal moment for India's capital markets. So far in 2024, 260 companies have collectively raised over USD 9 billion through public offerings, already surpassing the total of USD 7.42 billion raised in the entirety of the previous year, according to LSEG data. This trend highlights the growing appeal of India's equity markets to both domestic and international investors. The scale of Hyundai India's IPO is set to eclipse the previous record held by Life Insurance Corporation of India, which raised USD 2.5 billion in its 2022 offering. On a global scale, this IPO ranks as the second largest of 2024, following Lineage Inc's USD 5.1 billion U.S. IPO in July, further emphasising its significance in the international financial landscape. Industry analysts are optimistic about Hyundai India's prospects, particularly noting the company's strategic focus on SUVs, which aligns well with evolving consumer preferences for larger, safer vehicles. This product strategy, combined with planned capacity expansions, is expected to drive market share growth and position Hyundai India for strong performance in the coming years. Arun Kejriwal, founder of Kejriwal Research, highlighted the long-term value proposition for anchor investors, stating, "The company's plans for a 250,000 vehicle expansion by December 2025 show that there is apparent money in the long term for anchor investors. This, along with prospective market share improvement provides a runway of growth for the company." The timing of the IPO has also been noted as particularly advantageous, with Shin Yoon-chul, an analyst at Kiwoom Securities, pointing out that the auto sector has been leading performance on the Indian stock market. The analyst suggested that the funds raised through this IPO could significantly enhance Hyundai's investment capacity and help narrow the market share gap with India's current market leader, Maruti Suzuki. Looking ahead, Hyundai Motor India has ambitious plans to capitalise on its market position and the funds raised through this IPO. The company is set to launch its first India-made electric vehicle in early 2025, alongside at least two new gasoline-powered models tailored specifically for the Indian market from 2026 onwards. These initiatives underscore Hyundai's commitment to innovation and market adaptation in one of the world's fastest-growing automotive markets. The IPO process will continue through the week, with retail and other investors able to place orders from Tuesday to Thursday, following the anchor investor allocation. The stock is scheduled to begin trading on the Mumbai stock exchange on October 22, a date that will likely be closely watched by investors and industry observers alike.

Global investors flock to Hyundai Motor India's USD 3.3 billion IPO

IPO or an initial public offering has become one of the most lucrative investment options for investors who are targetting a lump sum amount of profit over a fixed capital.

IPO or an initial public offering has become one of the most lucrative investment options for investors who are targetting a lump sum amount of profit over a fixed capital. India's IPO market is currently buzzing as some major companies like Hyundai Motor, Swiggy, Bajaj Housing Finance, and NTPC Green are set to open subscriptions to their IPOs in the days ahead. The unlisted share price of Hyundai Motor India Ltd has seen a significant decline days before its mega IPO and the the grey market premium (GMP) has fallen by around 75 per cent. Also Read: Money-Wise: Planning to invest in an IPO? Here are five things you must keep in mind Such scenarios make it difficult for investors to predict the future of IPOs and take into consideration the risk factors involved in this investment. Explaining the risk involved in investing in IPOs, Prashant Rao, Director & Head - Equity Capital Markets, Anand Rathi Investment Banking, said to WION, "It does not always guarantee quick gains, as the performance of newly listed stocks can vary based on multiple factors. While some IPOs offer immediate listing gains due to high demand, market sentiment, and favourable pricing, this may not always be the case. Stocks can also underperform or experience volatility in the short term." "For long-term returns, the focus should be on the company's fundamentals, cash flow situation, growth potential, and its position within the industry," he added. Watch: Surge in Indian IPO bids The investors can achieve sustainable long-term growth if the companies have strong business models and expansion plans, however, an IPO's success depends on thorough research and market conditions. Here are key factors to look into while booking profit in an IPO If the investors are planning to book profit on an IPO, the decision should not be made randomly but should be taken after looking into some key factors. Anand Rathi Investment Banking's Director & Head - Equity Capital Markets, Prashant Rao, lists out these key factors for investors. When booking profits in an IPO, it's important to assess factors such as listing gains, market sentiment, and stock valuation and not go with the flow. Strong listing-day performance may offer short-term profit opportunities, while holding the stock could be beneficial if market trends and the company’s fundamentals indicate long-term growth. Investors should also monitor the lock-in expiry for major shareholders, as large post-lock-in sale can drive the price down. The company’s financial health, growth prospects, and planned use of IPO proceeds (such as capex) are also something based on which investors can form their decision on whether to hold or sell. Additionally, staying updated on analyst views and target prices can provide insight into future performance.

Money-Wise: Do IPO investments promise assured returns? Here are the risks you must know about

Hyundai Motor India has received the green light from the Securities and Exchange Board of India (SEBI) to proceed with its initial public offering (IPO), as reported by two individuals with knowledge of the matter. This development marks a significant milestone for the automotive industry in India.

&nbsp;

The South Korean automotive giant is aiming to raise a substantial sum of USD 3 billion through this IPO, with the company's valuation estimated at approximately USD 20 billion, according to information previously disclosed to Reuters by sources close to the situation.

&nbsp;

This IPO is significant as it represents the first time in two decades that an automobile manufacturer has gone public in India. The last time this happened was in 2003 when market leader Maruti Suzuki made its debut on the Indian stock market.

The decision to go public comes at a time when Hyundai is actively seeking to regain market share in India. The company faces increasingly strong competition from domestic rivals, with Tata Motors being a notable contender. In response to this challenge, Hyundai is expanding its range of sport utility vehicles (SUVs) to appeal to the growing demand in this segment.

&nbsp;

Looking ahead, Hyundai has ambitious plans for the Indian market. The automaker is set to introduce its first India-manufactured electric vehicle in the early part of next year. Starting from 2026, the company intends to launch at least two gasoline-powered models specifically designed for the Indian market, as revealed by three sources familiar with Hyundai's strategic plans in previous discussions with Reuters.

&nbsp;

India holds a crucial position in Hyundai's global operations, ranking as the third-largest revenue generator for the company worldwide, following only the United States and South Korea. Recognising the importance of the Indian market, Hyundai has already invested USD 5 billion in the country. The company has committed to injecting an additional USD 4 billion over the next decade, underlining its long-term commitment to the Indian automotive sector.

&nbsp;

In a separate but equally significant development, SEBI has also given its approval for the IPO of Swiggy, the food delivery giant backed by SoftBank. According to multiple sources familiar with the matter, Swiggy is targeting a valuation of around USD 15 billion for its public offering. The company aims to raise between USD 1 billion to USD 1.2 billion through this IPO, further highlighting the dynamic nature of India's evolving business landscape and the increasing interest in tech-enabled services in the country.

Hyundai Motor India has received the green light from the Securities and Exchange Board of India (SEBI) to proceed with its initial public offering (IPO), as reported by two individuals with knowledge of the matter.

Hyundai Motor India has received the green light from the Securities and Exchange Board of India (SEBI) to proceed with its initial public offering (IPO), as reported by two individuals with knowledge of the matter. This development marks a significant milestone for the automotive industry in India. The South Korean automotive giant is aiming to raise a substantial sum of USD 3 billion through this IPO, with the company's valuation estimated at approximately USD 20 billion, according to information previously disclosed to Reuters by sources close to the situation. This IPO is significant as it represents the first time in two decades that an automobile manufacturer has gone public in India. The last time this happened was in 2003 when market leader Maruti Suzuki made its debut on the Indian stock market. The decision to go public comes at a time when Hyundai is actively seeking to regain market share in India. The company faces increasingly strong competition from domestic rivals, with Tata Motors being a notable contender. In response to this challenge, Hyundai is expanding its range of sport utility vehicles (SUVs) to appeal to the growing demand in this segment. Looking ahead, Hyundai has ambitious plans for the Indian market. The automaker is set to introduce its first India-manufactured electric vehicle in the early part of next year. Starting from 2026, the company intends to launch at least two gasoline-powered models specifically designed for the Indian market, as revealed by three sources familiar with Hyundai's strategic plans in previous discussions with Reuters. India holds a crucial position in Hyundai's global operations, ranking as the third-largest revenue generator for the company worldwide, following only the United States and South Korea. Recognising the importance of the Indian market, Hyundai has already invested USD 5 billion in the country. The company has committed to injecting an additional USD 4 billion over the next decade, underlining its long-term commitment to the Indian automotive sector. In a separate but equally significant development, SEBI has also given its approval for the IPO of Swiggy, the food delivery giant backed by SoftBank. According to multiple sources familiar with the matter, Swiggy is targeting a valuation of around USD 15 billion for its public offering. The company aims to raise between USD 1 billion to USD 1.2 billion through this IPO, further highlighting the dynamic nature of India's evolving business landscape and the increasing interest in tech-enabled services in the country.

Hyundai Motor’s India IPO receives approval from SEBI

The Indian stock market is gradually moving towards new highs, and big bang IPO listings continue to boost morale. With the longest bull market in over 20 years already underway in India's stock market, all eyes are on the size of the federal reserve's rate cut, a critical driver of flows to emerging markets like India.

India extend longest bull run in 20 years

India's longest-running bull market in two decades shows no signs of slowing down, as hopes for NSE's upcoming IPO spark a new wave of investor enthusiasm. With strong market momentum, this rally is setting new records and reshaping the financial landscape.

India's Longest Bull Market In 20 Years Continues: NSE IPO Hopes Fuel Rally

We turn our attention to the surge in demand for Indian initial public offerings (IPO's). The latest IPO drawing 39 billion dollars of bids shows the insatiable appetite among investors looking for first-day gains.

Surge in Indian IPO bids

According to a recent study by the Securities and Exchange Board of India (SEBI), a significant portion of Initial public offering (IPO) shares are being sold off rapidly after listing. The report, which examines investor behaviour from April 2021 to December 2023, reveals that 54 per cent of the Initial public offering shares allotted to investors (excluding anchor investors) were sold within a week of listing. 

The study highlights a pronounced "disposition effect," where investors are inclined to sell assets that have gained in value, while holding onto those that have lost value. Specifically, individual investors sold 50.2 per cent of their allotted shares within a week, non-institutional investors (NIIs) offloaded 63.3 per cent, and retail investors sold 42.7 per cent. Over a year, individual investors' selling rate soared to 70 per cent by value thus underlining the need for investor education and calmness as investors.

Mutual funds, in contrast, are more likely to hold onto initial public offerings shares for a longer duration. The study found that mutual funds sold only 3.3 per cent of their allotted shares within a week, whereas banks were far quicker, selling 79.8 percent within the same period. 

The report also noted that returns significantly influence selling behaviour. When IPO returns exceeded 20 per cent within the first week, individual investors sold 67.6 per cent of their shares by value. Conversely, when returns were negative, only 23.3 per cent of shares were sold. 

How has been the allotment of initial public offerings?

It is to be noted that retail investors from Gujarat were particularly active, receiving 39.3 per cent of the allotment, followed by Maharashtra with 13.5 per cent, and Rajasthan with 10.5 per cent respectively. The surge in IPO participation aligns with the growth in demat accounts, with nearly half of the accounts used for IPO applications between April 2021 and December 2023 having been opened post-COVID. This again underlines the importance of taking calm and informed decision in the financial markets. 

SEBI’s policy changes in April 2022 have led to notable shifts in the initial public offering landscape. Adjustments to the Non-institutional investor (NII) share allotment process and Reserve Bank of India's&nbsp;new guidelines on initial public offer (IPO) financing by non-banking financial companies (NBFCs) have contributed to a reduction in oversubscription rates.

The Non-institutional investor (NII) category’s oversubscription decreased from 38 times to 17 times, and applications from large NII investors (those applying for more than Rs 1 crore) fell dramatically from 626 per IPO to just 20. Additionally, the exit rate of big-ticket NII investors within a week dropped from 70 per cent to about 25 per cent in the post-policy period.

These findings highlight&nbsp;the evolving dynamics of the initial public offering&nbsp;market and investor behavior. The SEBI study offers crucial insights into how investor strategies are shifting and highlights the impact of recent regulatory changes on market practices.

What lessons can retail investors take from this study?<o:p></o:p>

It is crucial for retail investors to take this report by SEBI seriously. Retail investors should consider reading good books on investing and try to understand the concept of compounding. Patience plays a very important role in wealth building. Compounding is that simple concept of wealth creation which forms the basis of the investment thesis of prominent investors like Warren Buffett, Charlie Munger among others.

Therefore, retail investors should consider making investments in equity markets with a&nbsp; long-term horizon post understanding the business and the risks associated with the same. The focus hence should be on understanding the underlying business before going for the initial public offering. Wealth building therefore is a consequence of making calm and sensible investment decisions with a long-term vision.

<o:p>&nbsp;</o:p>

According to a recent study by the Securities and Exchange Board of India (SEBI), a significant portion of Initial public offering (IPO) shares are being sold off rapidly after listing.

According to a recent study by the Securities and Exchange Board of India (SEBI), a significant portion of Initial public offering (IPO) shares are being sold off rapidly after listing. The report, which examines investor behaviour from April 2021 to December 2023, reveals that 54 per cent of the Initial public offering shares allotted to investors (excluding anchor investors) were sold within a week of listing. The study highlights a pronounced "disposition effect," where investors are inclined to sell assets that have gained in value, while holding onto those that have lost value. Specifically, individual investors sold 50.2 per cent of their allotted shares within a week, non-institutional investors (NIIs) offloaded 63.3 per cent, and retail investors sold 42.7 per cent. Over a year, individual investors' selling rate soared to 70 per cent by value thus underlining the need for investor education and calmness as investors. Mutual funds, in contrast, are more likely to hold onto initial public offerings shares for a longer duration. The study found that mutual funds sold only 3.3 per cent of their allotted shares within a week, whereas banks were far quicker, selling 79.8 percent within the same period. The report also noted that returns significantly influence selling behaviour. When IPO returns exceeded 20 per cent within the first week, individual investors sold 67.6 per cent of their shares by value. Conversely, when returns were negative, only 23.3 per cent of shares were sold. How has been the allotment of initial public offerings? It is to be noted that retail investors from Gujarat were particularly active, receiving 39.3 per cent of the allotment, followed by Maharashtra with 13.5 per cent, and Rajasthan with 10.5 per cent respectively. The surge in IPO participation aligns with the growth in demat accounts, with nearly half of the accounts used for IPO applications between April 2021 and December 2023 having been opened post-COVID. This again underlines the importance of taking calm and informed decision in the financial markets. SEBI’s policy changes in April 2022 have led to notable shifts in the initial public offering landscape. Adjustments to the Non-institutional investor (NII) share allotment process and Reserve Bank of India's new guidelines on initial public offer (IPO) financing by non-banking financial companies (NBFCs) have contributed to a reduction in oversubscription rates. The Non-institutional investor (NII) category’s oversubscription decreased from 38 times to 17 times, and applications from large NII investors (those applying for more than Rs 1 crore) fell dramatically from 626 per IPO to just 20. Additionally, the exit rate of big-ticket NII investors within a week dropped from 70 per cent to about 25 per cent in the post-policy period. These findings highlight the evolving dynamics of the initial public offering market and investor behavior. The SEBI study offers crucial insights into how investor strategies are shifting and highlights the impact of recent regulatory changes on market practices. What lessons can retail investors take from this study? It is crucial for retail investors to take this report by SEBI seriously. Retail investors should consider reading good books on investing and try to understand the concept of compounding. Patience plays a very important role in wealth building. Compounding is that simple concept of wealth creation which forms the basis of the investment thesis of prominent investors like Warren Buffett, Charlie Munger among others. Therefore, retail investors should consider making investments in equity markets with a long-term horizon post understanding the business and the risks associated with the same. The focus hence should be on understanding the underlying business before going for the initial public offering. Wealth building therefore is a consequence of making calm and sensible investment decisions with a long-term vision.

Investors quick to sell initial public offering shares, SEBI report reveals

Hyundai Motor, which has long held the position of the most successful foreign automaker in India, is now aiming to reclaim market share from its increasingly competitive domestic rivals. The company plans to do this by introducing a series of new SUVs, coinciding with its preparations for a USD 3 billion initial public offering in the country.

&nbsp;

The SUV lineup expansion will commence with the launch of Hyundai's first India-manufactured electric vehicle in early 2025. Following this, the company intends to release at least two gasoline-powered models specifically designed for the Indian market, with launches scheduled from 2026 onwards, according to three sources familiar with the company's strategy.

&nbsp;

This approach of expanding its higher-margin product offerings, pursued in conjunction with Hyundai's first-ever stock listing outside of South Korea, reflects the company's optimistic outlook on India's automotive market, which ranks as the world's third-largest. This strategic move comes at a time when Hyundai's presence in China is diminishing and sales in its home country are on the decline.

&nbsp;

Historically, Hyundai's sales figures in India have been second only to those of Maruti Suzuki. However, the competitive landscape has undergone rapid changes in recent years. Domestic giants such as Tata Motors and Mahindra &amp; Mahindra have been eroding Hyundai's market share by introducing new SUV models. These SUVs have become the most sought-after vehicles, supplanting the once-popular small cars.

&nbsp;

This shift in consumer preferences has led to a decrease in Hyundai's Indian market share, which has fallen to 14.6 per cent&nbsp;from 17.5 per cent&nbsp;four years ago. In contrast, Tata's market share has seen a dramatic increase, nearly tripling to 14 per cent&nbsp;over the same period. Toyota, the next largest foreign competitor, has also seen its share grow from 4 per cent to 6 per cent.

&nbsp;

Industry consultant V G Ramakrishnan, managing partner at Avanteum, comments on Hyundai's situation: "Hyundai is in a challenging position. Its primary focus should be on maintaining market share, and the only way to achieve this is through a more rapid product launch strategy."

&nbsp;

Hyundai's plans for electrification in India are ambitious. Following the introduction of its India-made electric SUV in 2025, the company intends to launch four more EVs by the end of the decade.&nbsp;Hyundai is evaluating plans to transform India into a regional export hub for electric vehicles, according to the three sources who spoke on condition of anonymity.

&nbsp;

In line with its broader strategy to increase global sales by 30 per cent&nbsp;by 2030, which was unveiled on Wednesday, Hyundai will also introduce hybrid vehicles in India. This move aligns with the company's plan to sell higher-priced vehicles in the country to boost profit margins.

&nbsp;

The company's focus on premium vehicles is evident in its recent sales figures. The proportion of Hyundai cars priced at 1.5 million rupees (approximately&nbsp; USD 18,000) or more - considered upmarket in India - doubled from 7 per cent&nbsp;to 15 per cent&nbsp;between 2021 and 2023, according to draft IPO documents filed in June.

&nbsp;

Hyundai, which plans to offer up to 17.5 per cent&nbsp;of its shares in the Indian business to the public, has stated its intention to continue this "premiumisation" strategy. This approach has helped the company achieve some of the highest profit margins among its peers in India, albeit at the cost of sales volumes.

&nbsp;

Ramakrishnan points out that Hyundai will need to strike a delicate balance between market share and profit margins following its public listing. He warns, "If there is a decline in either aspect, the company may face scrutiny from shareholders."

&nbsp;

It's worth noting that despite reaching its highest-ever sales figures in India during the last fiscal year, Hyundai's market share has continued to shrink.

&nbsp;

Hyundai's journey in India began in 1996, and its initial success in the country - which has proven challenging for other automakers like Ford and General Motors - was largely due to affordable hatchbacks such as the Santro, which has since been discontinued.

&nbsp;

As consumer preferences evolved, Hyundai launched its first locally-manufactured SUV in 2015. The mid-sized Creta, priced between 1.1 million and 2 million rupees (USD 13,000 to USD 24,000), was an immediate success and remains Hyundai's most profitable model.

&nbsp;

Currently, Hyundai offers eight SUVs in its portfolio of 13 vehicles. However, its share of India's total SUV sales, which reached 2.5 million units in the last fiscal year, has declined to 19 per cent from 24 per cent&nbsp;three years ago, according to the IPO documents.

&nbsp;

Looking ahead, Hyundai is planning to introduce two new gasoline-powered SUVs in India. The first will be based on its Bayon crossover, currently sold in global markets, and is expected to compete with Maruti's Fronx crossover and Tata's Nexon SUV. The second will be larger than the Creta SUV and is anticipated to rival Mahindra's XUV700.

&nbsp;

These two new SUVs are projected to add approximately 120,000 units annually to Hyundai's sales volumes, according to one of the sources. In the last fiscal year, Hyundai sold 615,000 cars in India, with 63 per cent&nbsp;being SUVs and the remainder split between hatchbacks and sedans. The company also exported 163,000 vehicles during this period, as per industry data.

&nbsp;

However, Hyundai's competitors are not standing still. Tata Motors, which currently dominates India's EV market with a share exceeding 75 per cent, has announced plans to launch five new electric vehicles over the next three to four years, bringing its total EV lineup to 10 models.

&nbsp;

Mahindra has revealed its intention to introduce seven electric SUVs and six new gasoline-powered SUVs by the end of the decade. Market leader Maruti Suzuki is also intensifying its focus on SUVs and hybrids, with plans to launch six EVs by 2031.

&nbsp;

An Indian supplier to Hyundai summarises the situation,&nbsp;"The strategies that have brought Hyundai success thus far may not necessarily guarantee its future prosperity. The competitive landscape has become significantly more intense."

Hyundai Motor, which has long held the position of the most successful foreign automaker in India, is now aiming to reclaim market share from its increasingly competitive domestic rivals.

Hyundai Motor, which has long held the position of the most successful foreign automaker in India, is now aiming to reclaim market share from its increasingly competitive domestic rivals. The company plans to do this by introducing a series of new SUVs, coinciding with its preparations for a USD 3 billion initial public offering in the country. The SUV lineup expansion will commence with the launch of Hyundai's first India-manufactured electric vehicle in early 2025. Following this, the company intends to release at least two gasoline-powered models specifically designed for the Indian market, with launches scheduled from 2026 onwards, according to three sources familiar with the company's strategy. This approach of expanding its higher-margin product offerings, pursued in conjunction with Hyundai's first-ever stock listing outside of South Korea, reflects the company's optimistic outlook on India's automotive market, which ranks as the world's third-largest. This strategic move comes at a time when Hyundai's presence in China is diminishing and sales in its home country are on the decline. Historically, Hyundai's sales figures in India have been second only to those of Maruti Suzuki. However, the competitive landscape has undergone rapid changes in recent years. Domestic giants such as Tata Motors and Mahindra & Mahindra have been eroding Hyundai's market share by introducing new SUV models. These SUVs have become the most sought-after vehicles, supplanting the once-popular small cars. This shift in consumer preferences has led to a decrease in Hyundai's Indian market share, which has fallen to 14.6 per cent from 17.5 per cent four years ago. In contrast, Tata's market share has seen a dramatic increase, nearly tripling to 14 per cent over the same period. Toyota, the next largest foreign competitor, has also seen its share grow from 4 per cent to 6 per cent. Industry consultant V G Ramakrishnan, managing partner at Avanteum, comments on Hyundai's situation: "Hyundai is in a challenging position. Its primary focus should be on maintaining market share, and the only way to achieve this is through a more rapid product launch strategy." Hyundai's plans for electrification in India are ambitious. Following the introduction of its India-made electric SUV in 2025, the company intends to launch four more EVs by the end of the decade. Hyundai is evaluating plans to transform India into a regional export hub for electric vehicles, according to the three sources who spoke on condition of anonymity. In line with its broader strategy to increase global sales by 30 per cent by 2030, which was unveiled on Wednesday, Hyundai will also introduce hybrid vehicles in India. This move aligns with the company's plan to sell higher-priced vehicles in the country to boost profit margins. The company's focus on premium vehicles is evident in its recent sales figures. The proportion of Hyundai cars priced at 1.5 million rupees (approximately USD 18,000) or more - considered upmarket in India - doubled from 7 per cent to 15 per cent between 2021 and 2023, according to draft IPO documents filed in June. Hyundai, which plans to offer up to 17.5 per cent of its shares in the Indian business to the public, has stated its intention to continue this "premiumisation" strategy. This approach has helped the company achieve some of the highest profit margins among its peers in India, albeit at the cost of sales volumes. Ramakrishnan points out that Hyundai will need to strike a delicate balance between market share and profit margins following its public listing. He warns, "If there is a decline in either aspect, the company may face scrutiny from shareholders." It's worth noting that despite reaching its highest-ever sales figures in India during the last fiscal year, Hyundai's market share has continued to shrink. Hyundai's journey in India began in 1996, and its initial success in the country - which has proven challenging for other automakers like Ford and General Motors - was largely due to affordable hatchbacks such as the Santro, which has since been discontinued. As consumer preferences evolved, Hyundai launched its first locally-manufactured SUV in 2015. The mid-sized Creta, priced between 1.1 million and 2 million rupees (USD 13,000 to USD 24,000), was an immediate success and remains Hyundai's most profitable model. Currently, Hyundai offers eight SUVs in its portfolio of 13 vehicles. However, its share of India's total SUV sales, which reached 2.5 million units in the last fiscal year, has declined to 19 per cent from 24 per cent three years ago, according to the IPO documents. Looking ahead, Hyundai is planning to introduce two new gasoline-powered SUVs in India. The first will be based on its Bayon crossover, currently sold in global markets, and is expected to compete with Maruti's Fronx crossover and Tata's Nexon SUV. The second will be larger than the Creta SUV and is anticipated to rival Mahindra's XUV700. These two new SUVs are projected to add approximately 120,000 units annually to Hyundai's sales volumes, according to one of the sources. In the last fiscal year, Hyundai sold 615,000 cars in India, with 63 per cent being SUVs and the remainder split between hatchbacks and sedans. The company also exported 163,000 vehicles during this period, as per industry data. However, Hyundai's competitors are not standing still. Tata Motors, which currently dominates India's EV market with a share exceeding 75 per cent, has announced plans to launch five new electric vehicles over the next three to four years, bringing its total EV lineup to 10 models. Mahindra has revealed its intention to introduce seven electric SUVs and six new gasoline-powered SUVs by the end of the decade. Market leader Maruti Suzuki is also intensifying its focus on SUVs and hybrids, with plans to launch six EVs by 2031. An Indian supplier to Hyundai summarises the situation, "The strategies that have brought Hyundai success thus far may not necessarily guarantee its future prosperity. The competitive landscape has become significantly more intense."

Hyundai plans India SUV rollout as domestic competition mounts ahead of IPO

For those planning to make long-term gains, investing in an Initial Public Offering (IPO) can prove to be a beneficial way.&nbsp;

Investing in an IPO has become a growing trend in the market and some of them have proved very profitable to the investors, giving them as much as 90 per cent returns.

However, not all IPOs are worth investing and one should tread this path of investment carefully to avoid any major loss. So how can one decide if an IPO is worth subscribing with their hard-earned money or not? Let's first understand what is an IPO of a company.&nbsp;

<h2>What is an IPO?</h2>

IPO is an initial public offering in which the private company's shares are made available to the public for the first time.&nbsp;

Also Read:&nbsp;<a href="https://www.wionews.com/business-economy/indias-sensex-hits-80000-for-the-first-time-737323">India’s Sensex hits 80,000 for the first time</a>

This helps the company to increase its equity capital with the help of public investors and go from a privately held corporation to a public corporation.&nbsp;

Investors can profit from an IPO if the issue price of IPO shares is less compared to the listed price when it is sold in the market.

The company raises its IPO to gain funds for equity capital, ensuring hassle-free trading of future capital and monetising private equity investors' investments.

<h2>Five things to know before investing in an IPO</h2>

<h3>Investigate the company’s financial condition history</h3>

It is important to check the financial condition of the company and the history of its performance, before investing in an IPO. One can look into how the company has performed in the last few years and if it is in a profitable zone.&nbsp;

<h3>Understand the valuation of the IPO</h3>

An IPO's valuation is dependent on the price at which shares are issued by the company before stepping into the market.

It is important to analyse the valuation and if the IPO appears overvalued, one should avoid investing in it. One way of understanding if an IPO is fairly valued is by conducting a comparison between the prices of shares of similar companies and the issue price of the IPO.&nbsp;

<h3>Find out why the company is raising funds</h3>

There can be various reasons why a company is going public and raising funds. Not every time, does the company raise its IPO because it is going for a growth plan or launching a new product.

Watch:&nbsp;Bezos to sell Amazon shares after stock hits record high

<div class="videoWrapper trancodeVideo"><iframe allowfullscreen="" autoplay="1" class="includeVideo" frameborder="0" height="350" src="https://www.wionews.com/videos/bezos-to-sell-amazon-shares-after-stock-hits-record-high-737662/embed" style="width:100%;max-width:560px;" width="560"></iframe></div>

A company can also come up with its IPO if it has to repay debts, speedily expand or acquire a smaller firm.

<h3>Carefully check the lock-up period of the IPO</h3>

It is important to check what is the lock-up period of an IPO, which generally ranges between three to 24 months.

A lock-up period refers to the time when the investors are prohibited from selling any shares of the company.

This is important because an IPO may be listed at a higher price when it debuts in the market, however, there can be a slump in the price after the lock-up period which will impact the profit of the investors.

<h3>Study market conditions</h3>

One must also look at the current market conditions when subscribing to an IPO. When markets are bullish, it is likely that the IPOs will open in green, but they can go red if the market turns bearish.

(With inputs from agencies)

For those planning to make long-term gains, investing in an Initial Public Offering (IPO) can prove to be a beneficial way. Investing in an IPO has become a growing trend in the market and some of them have proved very profitable to the investors, giving them as much as 90 per cent returns.

For those planning to make long-term gains, investing in an Initial Public Offering (IPO) can prove to be a beneficial way. Investing in an IPO has become a growing trend in the market and some of them have proved very profitable to the investors, giving them as much as 90 per cent returns. However, not all IPOs are worth investing and one should tread this path of investment carefully to avoid any major loss. So how can one decide if an IPO is worth subscribing with their hard-earned money or not? Let's first understand what is an IPO of a company. What is an IPO? IPO is an initial public offering in which the private company's shares are made available to the public for the first time. Also Read: India’s Sensex hits 80,000 for the first time This helps the company to increase its equity capital with the help of public investors and go from a privately held corporation to a public corporation. Investors can profit from an IPO if the issue price of IPO shares is less compared to the listed price when it is sold in the market. The company raises its IPO to gain funds for equity capital, ensuring hassle-free trading of future capital and monetising private equity investors' investments. Five things to know before investing in an IPO Investigate the company’s financial condition history It is important to check the financial condition of the company and the history of its performance, before investing in an IPO. One can look into how the company has performed in the last few years and if it is in a profitable zone. Understand the valuation of the IPO An IPO's valuation is dependent on the price at which shares are issued by the company before stepping into the market. It is important to analyse the valuation and if the IPO appears overvalued, one should avoid investing in it. One way of understanding if an IPO is fairly valued is by conducting a comparison between the prices of shares of similar companies and the issue price of the IPO. Find out why the company is raising funds There can be various reasons why a company is going public and raising funds. Not every time, does the company raise its IPO because it is going for a growth plan or launching a new product. Watch: Bezos to sell Amazon shares after stock hits record high A company can also come up with its IPO if it has to repay debts, speedily expand or acquire a smaller firm. Carefully check the lock-up period of the IPO It is important to check what is the lock-up period of an IPO, which generally ranges between three to 24 months. A lock-up period refers to the time when the investors are prohibited from selling any shares of the company. This is important because an IPO may be listed at a higher price when it debuts in the market, however, there can be a slump in the price after the lock-up period which will impact the profit of the investors. Study market conditions One must also look at the current market conditions when subscribing to an IPO. When markets are bullish, it is likely that the IPOs will open in green, but they can go red if the market turns bearish. (With inputs from agencies)

Money-Wise: Planning to invest in an IPO? Here are five things you must keep in mind

OLA Electric, India's leading electric scooter manufacturer, successfully concluded its initial public offering on Tuesday. The offering garnered $1.8 billion in bids, oversubscribing 4.3 times. With this, OLA Electric's valuation touched $4 billion, marking a 25 percent decline from its previous funding round. This makes it the largest IPO in India for 2024.

OLA Electric IPO oversubscribed 4.3 times, raising $1.8 billion

Ipo, News on Ipo, stories on Ipo, articles on Ipo, Ipo stories at Wion, Ipo news, Ipo latest news

ipo